Liquidity Policy – Vice President

ACCA Careers; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Morgan Stanley is seeking a Liquidity Policy specialist to join the Accounting and Regulatory Policy team in London. The role focuses on UK and EU liquidity requirements and collaborates with global colleagues, especially in the US, to ensure aligned policy outcomes.

You will advise on prudential liquidity policy implications of strategic initiatives, develop internal policy positions, and represent the firm in industry fora.

Qualifications

• Up-to-date knowledge of prudential regulatory frameworks including Basel standards, CRR/CRD, PRA and FCA rulebooks.
• Experience at a regulator or regulatory control / Treasury within a financial institution.
• Professional qualification (CA/CPA/ACCA) is beneficial but not essential if equivalent experience is shown.

Responsibilities

• Provide policy leadership on prudential regulation including Basel standards, CRR/CRD, PRA rules and related guidance.
• Develop robust interpretations to be applied across Morgan Stanley globally.
• Advise on liquidity regulatory policy impacts of strategic initiatives and balance-sheet changes in UK/EU.
• Represent Morgan Stanley in industry fora and working groups.
• Support balance sheet, capital and liquidity optimization and regulatory change initiatives.

Skills

Basel standards

CRR/CRD

PRA/FCA rules

Liquidity (LCR/NSFR)

Regulatory policy

Influencing & communication

Education

CA/CPA/ACCA or equivalent

Job description

Accounting and Regulatory Policy

An opportunity has arisen for a Liquidity Policy specialist to join the Accounting and Regulatory Policy (Policy) team in London.

The Policy team is a global function within Finance that supports Morgan Stanley in achieving its business goals by providing independent, enterprise-level advice and oversight on accounting and prudential regulatory policy for a broad range of internal and external stakeholders.

As a result of this focus, Policy plays a critical role in safeguarding the Firm's financial integrity, regulatory standing, and risk profile, and in supporting strategic decision-making across the Firm. Policy is a key contributor to client advisory activities, major Firm initiatives, and regulatory change programs, helping to shape and influence the Firm's long-term strategy.

The role will cover UK and EU liquidity requirements but will operate in close partnership with global colleagues, particularly in the US, to ensure consistent policy outcomes.

What will you be doing?

• Be part of a global team providing policy leadership on prudential regulation, including Basel standards, CRR/CRD, PRA rules, and related supervisory guidance.
• Develop robust, defensible interpretations to be applied consistently across the Firm, covering all Morgan Stanley businesses in the US, EMEA and Asia-Pacific regions.

Liquidity Policy

• Advise on the liquidity regulatory policy implications of strategic initiatives, balance-sheet changes, and evolving business models, with particular focus on liquidity requirements in the UK and EU.
• Develop Morgan Stanley's internal policy positions on liquidity-related prudential requirements.
• Review evolving UK and EU regulatory standards to assess their impact on the Firm, and develop Morgan Stanley's policy positions in response to consultation papers.
• Represent Morgan Stanley in industry fora and working groups.

Wider opportunities

• Provide technical leadership on balance sheet, capital and liquidity optimization.
• Contribute to a diverse range of projects, including implementing new regulatory requirements, supporting new business initiatives, and developing applications to regulators.
• Work on a broad range of prudential regulatory policy issues beyond liquidity.
• Provide advisory support to business units on new products and transactions.
• Work closely with many teams across Finance, Risk and other parts of Morgan Stanley.
• Apply an enterprise risk lens to policy interpretation, ensuring alignment between accounting outcomes, regulatory expectations, and the Firm's broader risk appetite and governance framework.
• Support the Firm's response to regulatory change by shaping policy positions, governance frameworks, and implementation approaches for high-impact regulatory initiatives.
• What we’re looking for
• Up-to-date knowledge of prudential regulatory frameworks and supervisory expectations, including Basel standards, CRR, and the PRA and FCA rulebooks, as well as recent developments. In particular, strong knowledge of liquidity requirements such as LCR and NSFR.
• Experience of working at a regulator or in a regulatory control / Treasury department or similar function of a financial institution with exposure to a broad range of asset classes and businesses.
• CA, CPA, ACCA, or an equivalent professional qualification would be beneficial, but is not essential where comparable experience in a related field can be demonstrated.
• Demonstrated ability to exercise sound judgement in complex, ambiguous situations, balancing technical rigor with commercial and risk considerations.
• Strong influencing and communication skills, with the credibility to engage and challenge at a senior level.

Skills That Will Help You In The Role

• Desire to learn and coach others.
• Ability and willingness to work with virtual teams across varying regions towards the achievement of common goals.
• Aptitude for working in a fast-changing, dynamic environment.
• Strong attention to detail.
• Excellent communication skills.
• Strategic mindset, with the ability to connect technical policy detail to Firm-level outcomes.
• Strong appreciation of enterprise risk, governance, and regulatory expectations.

Where will you be working?

• The role will be based in our London office in Canary Wharf.
• With a presence in New York, London, Glasgow, Hong Kong, and Tokyo, Accounting and Regulatory Policy is a truly global function.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If this role is deemed a certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.